Copper price tops $10,000 a tonne for first time in ten years
Economies reopening coupled with massive stimulus, faster-than-expected vaccine rollouts, and supportive fundamentals all point to even higher prices, said ING Bank.
China Construction Bank Corp. will become the second Chinese bank to join the group of lenders setting the benchmark used to price billions of dollars' worth of daily gold trades, in another move by the country to take a more active role in the way the world's securities are traded.
The copper mine, one of the world's biggest, is on track to begin production in the first quarter of 2016, despite weak prices and relentless protests against the project.
Diamond Services has announced that it will begin offering synthetic diamond screening services directly to the Chinese diamond trade through the facilities in Shanghai of NGGC, the state-owned gem laboratory that is one of the largest grading institutes in China.
The $3.15 billion project will tap into the world’s largest and highest grade deposit of polyhalite, used as a fertilizer, inside the North York Moors National Park.
Iron ore drops to 12-week low ahead of Beijing decision whether to bail out giant iron ore, steel trader and Rio Tinto JV partner on the brink of default.